FDIC Certificate #: 26911 Status: Active Federal Reserve ID: 173548 Bank Holding Company (Regulatory Top Holder): Peoples Tri-County Bancorporation (RSSDID: 1141469, Location: Albia, IA) Date Established: Febuary 19, 1987 WWW:http://www.peoplesbankalbia.com Trust Powers Granted: No Bank Charter Class: Commercial bank, state charter and Fed nonmember, supervised by the FDIC Offices: 1 (Domestic: 1, Interstate: No) OTS Docket #: 15657 FDIC's unique #: 36276 Numeric code: 21 Regulator: FDIC Insurance Fund Membership: Deposit Insurance Fund (DIF) Insured commercial Banks: Yes FDIC Insured: Yes Deposit Insurance Fund member: Yes Agricultural lending institution: Yes Ownership Type: Non-Stock FFIEC Call Report 31 Filer: No State Chartered: Yes Subchapter S Corporations: Yes Asset Concentration Hierarchy: Agricultural Specialization Date of Deposit Insurance: Febuary 19, 1987 Last Structure Change Effective Date: March 31, 2006 Last Structure Change Process Date: November 03, 2006 Last Data Update: November 03, 2006 Data Source Date: April 05, 2012
Location
Address: 102 South Main, Albia, IA 52531 County: Monroe Quarterly Banking Profile Region: Kansas City FDIC Geographic Region: Kansas City FDIC Supervisory Region: Kansas City FDIC Field Office: Des Moines Office of the Comptroller the Currency (OCC) District: Midwest Office of Thrift Supervision Region: Western
History of Changes
Merge BIF and SAIF Funds into DIF
Financial Summary
Total assets: $84.3 mil Equity capital: $11.5 mil Deposits held in domestic offices: $68.1 mil Return on assets (ROA): 1.09% ($0.9 mil) Quarterly return on assets: 1.00% ($0.8 mil) Return on Equity (ROE): 8.38% ($1.0 mil) Quarterly return on equity: 7.42% ($0.9 mil) Net income: $0.9 mil Quarterly Net income: $0.2 mil Pretax return on assets: 1.14% ($961.2 mil) Quarterly Pretax return on assets: 1.05% ($885.3 mil)
1992 - 1999 Historical total assets, liabilities and capital ($ mil)
2000 - 2011 Historical total assets, liabilities and capital ($ mil)
Historical Total Incomes ($ mil)
Historical Total Expenses ($ mil)
Historical total employees (full-time equivalent)
Assets and Liabilities (December 31, 2011)
Dollar figures in thousands
20Total employees (full-time equivalent)
$84,312Total assets
$2,644Cash and due from depository institutions
$5Interest-bearing balances
$35,925Securities
$0Federal funds sold & reverse repurchase agreements
$41,953Net loans & leases
$574Loan loss allowance
$0Trading account assets
$1,154Bank premises and fixed assets
$80Other real estate owned
$0Goodwill and other intangibles
$84,312Life insurance assets
$2,556All other assets
$72,772Total liabilities and capital
$68,075Total liabilities
$57,652Total deposits
$68,075Interest-bearing deposits
$81Deposits held in domestic offices
187.00%% insured (estimated)
$0Federal funds purchased & repurchase agreements
$4,000Trading liabilities
$0Other borrowed funds
$510Subordinated debt
$11,540All other liabilities
$11,540Total equity capital
$11,540Total bank equity capital
$0Perpetual preferred stock
$1,000Common stock
$1,000Surplus
$9,540Undivided profits
Memoranda
$0Noncurrent loans and leases
$0Noncurrent loans that are wholly or partially guaranteed by the U.S. government
$32Income earned, not collected on loans
$0Earning assets
$799Long-term assets (5+ years)
$77,883Average Assets, year-to-date
$32,247Average Assets, quarterly
$83,622Volatile liabilities
$85,644Insider loans
$48,466FHLB advances
$84,863Loans and leases held for sale
$1,024Unused loan commitments
$1,024Tier 1 (core) risk-based capital
$10,331Tier 2 risk-based capital
$0Total risk weighted assets
$0Total unused commitments
$3,467Restructured Loans and leases
$3,579Derivatives
Income and Expense (December 31, 2011)
Dollar figures in thousands
$4,066Total interest income
$1,238Total interest expense
$2,828Net interest income
$120Provision for loan and lease losses
$542Total noninterest income
$0Fiduciary activities
$322Service charges on deposit accounts
$0Trading account gains & fees
$220Additional noninterest income
$2,308Total noninterest expense
$1,433Salaries and employee benefits
$227Premises and equipment expense
$648Additional noninterest expense
$942Pre-tax net operating income
$13Securities gains (losses)
$44Applicable income taxes
$911Income before extraordinary items
$0Extraordinary gains - net
$911Net income attributable to bank
$0Net charge-offs
$911Cash dividends
$3Sale, conversion, retirement of capital stock, net
$150Net operating income
Performance and Condition Ratios (December 31, 2011)
Dollar figures in thousands
Performance Ratios (%, annualized)
5.28%Yield on earning assets
1.61%Cost of funding earning assets
3.67%Net interest margin
0.70%Noninterest income to earning assets
3.00%Noninterest expense to earning assets
1.07%Net operating income to assets
1.09%Return on assets (ROA)
1.14%Pretax return on assets
8.38%Return on equity (ROE)
7.00%Retained earnings to average equity (YTD only)
0.01%Net charge-offs to loans
4000.00%Credit loss provision to net charge-offs
354.00%Efficiency ratio
68,487Assets per employee
4.22%Cash dividends to net income (YTD only)
Condition Ratios (%)
16.47%Loss allowance to loans
1.35%Loss allowance to noncurrent loans
1793.75%Noncurrent assets plus other real estate owned to assets
0.13%Noncurrent loans to loans
0.08%Net loans and leases to deposits
61.63%Net loans and leases to core deposits
76.59%Equity capital to assets
13.69%Core capital (leverage) ratio
12.17%Tier 1 risk-based capital ratio
21.32%Total risk-based capital ratio
Memoranda
$23Average assets
$83,622Average earning assets
$10,877Average equity
$77,051Average loans
List of branches
1 Iowa Branch as of April 05, 2012
No
ID
Name
Address
Established
Service Type
Map
0
36276
Peoples State Bank
102 South Main, Albia, IA 52531
Febuary 19, 1987
Full Service Brick and Mortar
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